This paper studies fictitious play in networks of noncooperative two-person games. We show that continuous … convergence is 1/T, regardless of the size of the network. In contrast, arbitrary n-person zero-sum games with bilinear payoff … functions do not possess the continuous-time fictitious-play property. As extensions, we consider networks in which each …

social network - can influence our choices. These choices in turn influence the generation of new information and shape … future choices. These considerations motivate a rich research programme on how social networks shape individual and …

The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … network. We show that the delay in information transmission caused by incomplete network structures may induce players to … increase own experimentation efforts. As a consequence a complete network can fail to be optimal even if there are no costs for …

We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …

This paper studies a non-cooperative model of network formation. Built upon the two-way flow model of Bala and Goyal … number of his links. This assumption results in the fact that a large set of Nash networks are disconnected and consist of … components of different sizes, a feature that resembles that of real-world networks. Discussions on this insight are provided …

This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity … two assumptions influence important properties of Strict Nash networks. Built upon the findings of Billand et al (2011 …, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network …

This paper studies a noncooperative model of network formation. Built upon the two-way flow model of Bala and Goyal … number of his links. This assumption results in the fact that a large set of Nash networks are disconnected and consist of … components of different sizes, a feature that resembles that of real-world networks. Discussions on this insight are provided. …

information thay they possessed - in determining the shapes of two-way flow Strict Nash networks when small amount of decay is … present. I do so by extending the two-way flow network with small decay of De Jaegher and Kamphorst (J ECON BEHAV ORGAN, 2015 …). Results of this extension shows that the effects of value heterogeneity on Strict Nash networks, when small decay is present …